Day 95: 3 Steps to Contrarian Investing?

The Mother's Little Helper portfolio was down today (-0.31%) for a loss of -$2,112.44. Overall gain to date: +$91,665.27 (+15.70%). 36 stocks are now in the black, 9 are still in the red, 1 was sold out in a merger. According to CNN Money the S&P 500 is up +5.53% Year To Date. We close out the month and the quarter with a nice 15.70% gain, crushing the S&P 500 by more than 10 points. On Tuesday, BlackRock, the worlds largest money manager decided to cut loose more than 40 of its fund managers and replace them with stock picking computerized algorithms. BlockRock isn't alone. It's estimated that by 2025 about 230,000 financial industry personnel will be replaced by computers that can pi

Day 92: It's A Setup

The Mother's Little Helper portfolio was up today (+0.86%) for a gain of +$5,718.43. Overall gain to date: +$90,516.94 (+15.50%). 36 stocks are now in the black, 10 are still in the red, 1 was sold out in a merger. According to CNN Money the S&P 500 is up +5.35% Year To Date. I said before that the rally we're seeing in the markets is not due to Trump, it's all about a strong underlying economy. Trump feeds the sentimental traders who trade on sentiment. The economies fundamentals feeds investors. By the way, we're investors here. Today was the inflection point. Rarely do we get to see such a terrific setup in the markets, and this is usually when all the naysayers, doomsdayer's and

Day 91: Best Correction Ever

“It is not necessary to do extraordinary things to get extraordinary results.” - Warren Buffett I've always felt that it's not important to have all the answers, but rather to know where to go to find them. We all make mistakes, the key is to learn from them. Fortunately my mistake earned the MLH Portfolio I nice +10.35% gain. The Mother's Little Helper portfolio was up today (+0.65%) for a gain of +$4,354.38. Overall gain to date: +$85,256.11 (+14.60%). 35 stocks are now in the black, 10 are still in the red, 1 was sold out in a merger. The S&P 500 is up +3.20% since our inception date. Today marks the first day of running the corrected portfolio. After receiving a lot of feedback and

Day 87: Get a grip investors!

The Mother's Little Helper portfolio was up today (+0.45%) for a gain of +$2,802.68. Overall gain to date: +$23,904.54 (+3.99%). 68 stocks are now in the black, 54 are still in the red. After a nice rally this morning I emerged from the shower to find the market losing steam and ending the day with a flat line heart beat. Today was the quintessential flat liner. I have come out of the shower to find the market in disarray so many times that I've seriously considered avoiding showers until investors start behaving rationally. There was nothing about today's news that made any sense with respect to selling or buying. I want to share this with you. This is what Charles Schwab posted tod

Day 86: Psychic Wins Lottery!

The Mother's Little Helper portfolio was up today (+0.08%) for a gain of +$479.96. Overall gain to date: +$21,083.20 (+3.52%). 66 stocks are now in the black, 55 are still in the red. Harman (HAR) was bought by Samsung for $112 per share so the entire position was sold out of the portfolio for a nice gain. Psychic Wins Lottery is a headline I've never seen, nor have I ever met someone who has seen it. Yesterday I was traveling back to my Bay Area home after a nice visit with Mom. It was nice to take a break from the markets and the blog, until I checked the DOW and saw that the sell off dog had found it's way home and dragged the market down -288.32 points. Ouch! Remember in a previous

Day 84: Visiting Mom, we're up +5.91%

The Mother's Little Helper portfolio was down today (-0.33%) for a loss of -$2,086.81. Overall gain to date: +$35,688.70 (+5.91%). 79 stocks are now in the black, 44 are still in the red. Since my last post on March 16th the portfolio is up +0.19%. I had to take a break from March Madness and the portfolio to travel to Great Falls Montana to visit my mom. In case anyone has forgotten, this blog and portfolio is dedicated to her and the many seniors who have experienced the kind of trauma from being invested in the markets with high fees and nothing to show for it. Mom is doing well, loves her new home at the Grandview, a senior living center that's part of the Benefis Hospital System. Li

Day 80: Up again - 5.72%

The Mother's Little Helper portfolio was up today (+0.23%) for a GAIN of +$1,437.87. Overall gain to date: +$34,496.01 (+5.72%). 76 stocks in the black, 45 are still in the red. This is the fourth day the MLH portfolio is beating the S&P 500. I hope everyone is enjoying March Madness. What I know about basketball can be written on a post it note, but after the first round I only missed one game in my bracket picks; Virginia vs. UNC Wilmington. No big deal I predict Villanova goes all the way to the championship anyway. So what happened today? I was initially predicting a sell off, the morning started out that way so I confidently went and got my morning coffee and jumped in the shower;

Day 79: Get Ready to BUY

The Mother's Little Helper portfolio was up today (+1.08%) for a GAIN of +$6,804.17. Overall gain to date: +$33,080.61 (+5.48%). 76 stocks in the black, 45 are still in the red. This is the third day the MLH portfolio is beating the S&P 500 by a slight margin. Sorry for the late post, it's 8:12pm California time and I'm caught up in the First Four of the NCAA March Madness tournament. Is it just me or are the bracket charts all fowled up this year because they don't properly display these extra games! There should be an extra bracket for the first four. Where do I complain? The Thesis Unfolds: March 10th: Employment numbers came out and they were great. (check) March 14th: We got a litt

Day 78: The Thesis Unfolds

The Mother's Little Helper portfolio was down today -(0.34%) for a LOSS of -2,144.65 . Overall GAIN: +$26,174.66 (+4.34%). 76 stocks in the black, 45 are still in the red. Today I made a small change to how the portfolio is displayed. Stocks are now organized by their overall return instead of alphabetically. A quick look at the top of the portfolio will show you where the greatest gains are coming from. On March 6th I made the following call: "On March 10th the monthly employment numbers come out, the last piece of data Janet Yellen is waiting on to pull the trigger on hiking interest rates. On March 15th the Fed will announce a decision, which I think will be a rate increase. Keep

Day 77: Beating the S&P today

The Mother's Little Helper portfolio was up today +(0.49%) for a GAIN of +3,094.22 . Overall GAIN: +$28,336.71 (+4.69%). 77 stocks in the black, 44 are still in the red. Today the MLH Portfolio is beating the S&P 500. I've always wanted to say that. However, given that today is only Day 77 and there are 288 days to go before the portfolio closes, the win is not that important. What's interesting is that even though the number of winners has gone down from 88 to 77 the portfolio overall is up 4.69% vs. the S&P 500 which is up 4.60 % since the inception date of the portfolio. Our winners are winning bigger and bigger gains while the losers are coming up slower. One of the biggest gaine

Day 70: The market is going higher

The Mother's Little Helper Portfolio was DOWN today (-0.44%) for a LOSS of -$2,772.96. The portfolio's overall GAIN to date is UP +$26,107.09 (+4.32%). On December 27, 2016 (the day I selected the portfolio) the S&P 500 was at 2,268.88. The S&P 500 closed today at 2,375.31 for a GAIN of +106.43 (+4.69%). On March 10th the monthly employment numbers come out, the last piece of data Janet Yellen is waiting on to pull the trigger on hiking interest rates. On March 15th the Fed will announce a decision, which I think will be a rate increase. Keep in mind that rates will still be at historically low levels. The market will initially sell off on interest rate fears and then the buyers will com

Day 65: Earnings Not Trump

The Mother's Little Helper portfolio was up today +(2.31%) for a GAIN of +14,422.48 . Overall GAIN: +$34,157.05 (+5.66%). 86 stocks in the black, 35 still in the red. The rally in the market is about data, good data, not Trump. Trump provides the support that keeps sentiment high and that's good for markets. But the fuel behind this rally has to do with earnings. Last year all the financial news centered on "The Earnings Recession" and The Fed's interest rate decisions. The earnings recession is over, for now, and President Trump had nothing to do with it. Earnings Scorecard according to FactSet: 92% of the companies in the S&P 500 reporting actual results for Q4 2016 66% of S&P 500 c

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© 2016 by Clay Baker all rights reserved